Gurtis Julie R 4

What Happened
Julie R. Gurtis, Executive Vice President of United Bankshares (UBSI), had 1,093 shares disposed/withheld on Feb 20, 2026 to satisfy an exercise price or tax liability. The shares were valued at $44.07 each, for a total of about $48,169. This was a tax-withholding disposition (not an open-market sale), a routine post-exercise/vesting transaction rather than a directional buy or sell.

Key Details

• Transaction date: 2026-02-20; Price per share: $44.07; Total value: ~$48,169
• Transaction type/code: F — Payment of exercise price or tax liability (shares withheld/disposed)
• Filing: Form 4 filed with the SEC on 2026-02-24 (filed within the two-business-day deadline)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Not an open-market sale; represents tax withholding or share surrender to cover obligations

Context
Code F transactions commonly reflect a cashless exercise or vesting event where shares are withheld to cover taxes or exercise costs. These routine dispositions generally do not indicate the insider is reducing their investment exposure via market sales, so they are less informative about insider sentiment than outright open-market purchases or sales.